In the wrong hands

It's generally acknowledged that Wall Street firms contributed greatly to the financial crisis by failing to make even the least attempt to understand the risks posed by their exposure to the subprime mortgage market. So who does President Bush name to lead the effort to restore confidence in the national credit market? None other than Neel Kashkari, a former Goldman Sachs colleague of Treasury Secretary Henry Paulson and one of the authors of the $700 billion Wall Street bailout plan. Albert Einstein once said that we can't solve problems by using the same kind of thinking we used when we created them. Once again, Bush puts the country's and the world's financial future in the hands of the type of people who created the problem in the first place. God help us all.